TG 34 ApS — Credit Rating and Financial Key Figures

TG 34 ApS (CVR number: 31945410) is a company from ODENSE. The company recorded a gross profit of 625.1 kDKK in 2023. The operating profit was 272.2 kDKK, while net earnings were 52 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -5.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TG 34 ApS's liquidity measured by quick ratio was 13.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.